How Today's Housing Supply Favors Sellers

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the housing market, there are nearly 40% fewer homes available now.

Here’s a breakdown of how this benefits you when you sell:

• You Have More Options for Your Move: With the year-over-year growth in inventory, you have more options for your home search, making it less challenging to find what you’re looking for.

• You Still Won’t Have Much Competition When You Sell: Despite the increase in homes for sale, the inventory is still significantly lower than pre-pandemic levels. This means your house, if priced right, should still attract plenty of eager buyers and could sell quickly.

If you're a homeowner looking to sell, now's a good time. You'll have more options when buying your next home, and there's still not a ton of competition from other sellers. If you’re ready to move, let’s connect to get the ball rolling.